Telehealth startup InstantScripts sold for $135 million two years after winning Smart50 Awards
InstantScripts is poised to be acquired by retail giant Wesfarmers in a deal worth approximately $135 million.
Wesfarmers’ OnePass can work, but it has to be more than a home delivery service
Wesfarmers quietly relaunched its membership program OnePass mid-year, bringing together Kmart, Target and its marketplace Catch under one subscription umbrella.
How Catch went from an e-commerce success to a loss on Wesfarmers’ financial report
Catch was able to get great prices on products by capitalising on its supplier’s buying mistakes. It would buy this excess stock at a steep discount to help them move it.
‘Virtually impossible’: Perth’s top businessmen abscond amid border reversal
Wesfarmers boss Rob Scott is the latest to abscond from Western Australia as Premier Mark McGowan is accused of draconian border policies that are damaging businesses.
Woolworths pens letter to win over pharmacists amid potential Priceline takeover
“We are not here to disrupt the sector. We are here to help strengthen it," wrote Woolies chief executive Brad Banducci in an open letter.
The biggest merger in years? Why the owners of Bunnings and Amcal are racing to buy Priceline
It’s the sort of race that could benefit consumers, with expectations that prices will fall and Priceline services will expand if a deal proceeds.
Wesfarmers seeks to acquire Priceline in $687 million deal
Retail conglomerate Wesfarmers has made a $687 million bid at buying up Priceline’s parent company Australian Pharmaceutical Industries – an offer which will net API’s shareholders a 21% premium.
Lessons to learn from Target’s decline: Never take customers for fools
The decline of Target can teach other businesses with multiple brands what not to do. And a key lesson is to never abandon a successful marketing strategy.
Target’s inevitable decline: Why Kmart, not COVID-19, led to the retailer’s woes
Target's decline to Kmart was inevitable: risky branding confused shoppers, and the COVID-19 pandemic was the final nail in the coffin.
Target to close or convert up to 167 stores in mammoth restructuring of Wesfarmers’ department stores
Target will undergo a restructure that could see it lose nearly half of its remaining stores and sister brand Kmart expanded significantly.
A whopping 90% of payroll managers find laws confusing and contradictory, new study shows
As the Morrison government looks to criminalise wage theft, 90% of organisations say their payroll managers find the current laws confusing.
“Accelerating our transformation”: Why Target is axing 80 head-office jobs
Target is moving to accelerate its transformation strategy as the struggling department store continues its quest to find a sustainable brand identity.
